Real Estate Appraisal in Bodrum

Bodrum has become one of the most valuable regions in Türkiye's luxury real estate market in recent years. The peninsula's unique natural beauty, marinas, beaches, and prestigious lifestyle present an attractive opportunity for both local and international investors. From Yalıkavak to Türkbükü, Gündoğan to Bitez, each region has its own unique value dynamics.

In such a volatile market, the most important criterion for making the right move is knowing the true value of a property. The appraisal process protects investors from unnecessary risks and prevents property owners from selling their properties below their value. In short, if you own or are considering investing in real estate in Bodrum, an appraisal is your safest guide.

What is Real Estate Appraisal?

A property valuation is the process of objectively and independently determining the current market value of a property. This work is performed by licensed appraisers and presented in a report.

The report is prepared by considering land registry records, zoning status, comparables in the area, and the physical characteristics of the property. The resulting value provides the property owner or investor with an objective reference point, making both sales and investment decisions more reliable.

Factors Affecting Real Estate Value in Bodrum

Even two similar properties in Bodrum can sell for different prices. This is because many factors influence real estate value in the area. Factors such as location, property type, land share, and project quality all play a significant role in shaping prices. In this section, we will summarize the key factors that come to mind when valuing Bodrum.

Location

Yalıkavak commands the highest prices with its marina and ultra-luxury projects. Türkbükü stands out for its prestige, while Gündoğan offers a more accessible alternative. Bitez, on the other hand, is preferred for its proximity to the city center and the beach. The distance to the sea and the view directly affect the price.

Housing Type

Detached villas are valued higher than residences and apartments due to their privacy and land share. Apartments in branded projects, however, stand out thanks to their social amenities.

Land Share and Zoning Status

Condominiums and licensed properties are more valuable. Illegal additions, shared title deeds, and properties with zoning issues reduce prices.

Project Quality

Features like modern architecture, high-quality materials, smart home systems, landscaping, and a private pool increase property value. Branded projects provide added security and prestige.

Average m² Values in Bodrum (2025)

New projects are priced 20-30% higher than second-hand ones. However, the increases are more consistent in foreign currency terms.

How Does the Valuation Process Work?

The appraiser first examines official documents, then inspects the property in person and compares it with comparables. The report is usually prepared within 3-5 days. The resulting value can sometimes differ from the value stated on the title deed, as title deed values are often understated.

The valuation report is a reliable roadmap for property owners in a rapidly changing market like Bodrum.